Profile picture
Liam Boogar @LiamBoogar
, 7 tweets, 6 min read Read on Twitter
In honor of @jasonlk announcing @saastreuropa in Paris this June (and with @SaaStrAnnual coming up next week), I thought I’d take a second to tweet-thread about how Paris has grown to be a global hub for SaaS leaders.

Also because it’s Jason

I have to tweet in Jason-haikus.
1) @alvencap has done an amazing job at partnering with tier 1 SVfunds ( @IndexVentures, @Accel, @a16z, @sequoia) to make sure their SaaS investments go global.

They also work with @NotionVC & @PointNineCap in Europe.

That’s a powerful VC capital.
has perfected the SaaS model, building products to solve problem for their one dozen existing studio companies, and making a name for themselves in the process.

They’ve sent ~6 companies through @ycombinator.

🇫🇷 is one of the most popular origins for YC alums.
France has a strong history in B2B Software (looking at you @Bliautaud, founder of @BusinessObjects),

and the SaaS model plays strongly into the engineering-minded CEOs that France is crushing it with right now.
Here’s a few examples:
- Algolia (SaaS API): $75M raises from @Accel @alvencap @PointNineCap
- Front ( SaaS Communication Platform): $79M raises from @sequoia @IndexVentures @PointNineCap)
- @dataiku (Data Science SaaS): $45 M raised
- @PeopleDoc_Inc (SaaS HR): $75 M raised.
The next big revolution in SaaS is AI/NLP/ML ( Drift, Madkudu, etc.).

Guess where Facebook & Google are doubling down in AI research right now?

Yup. France.
The big thing that’s been holding France back is regulation/labor/taxes.

All the companies currently crushing it are doing so despite the system.

And our current president just held a Davis pre-party for CEOs to bid to invest in France.

France is back, baby!
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Liam Boogar
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!